This property includes an existing, freestanding 50,000 square foot retail building and parking on approximately 39,000 square feet of land located in the heart of Hollywood adjacent to the Arclight Theater and several high profile retail, residential, hotel and office developments. The site has excellent visibility, with over 140 feet of frontage on Sunset Boulevard, spanning an entire block from Cahuenga Blvd to Ivar Ave. The project has been successfully re-entitled for a 25-story, 200 unit apartment building over 7,000 square feet of retail.